"hopium" (I swear, I thought a long-time, sane-seeming acquaintance was actually going to hit me Friday night when I accused Obama of not being the innocent referee of two polarized parties with Obamacare), Obama, with his engaging smile and handy gift for rhetoric, is finishing off democracy as we know it.

What Are You Smoking? hopium Phil Flynn, senior market analyst at PFG Best Research, said he and his colleagues have coined a new phrase to describe what is driving the market up: "We're on hopium," he said.

Allow us to expand your financial lexicon with a new word: "hopium." This is a drug favored by permabulls who ignore fundamental data in favor of illusory hope. Hopium seems to be fueling the rises lately in the energy sector and broader markets.